Vietnamese tech major FPT acquires majority stake in SaaS startup Base.vn
May 4, 2021
Vietnam’s largest technology firm FPT Corporation has acquired a majority stake in enterprise software company Base.vn for an undisclosed amount.
Base.vn helps enterprises streamline management and operation activities such as hiring, payroll, task management, team collaboration and approval management.
Founded in 2016, Base.vn claims to have catered to 5,000 businesses across sectors such as banking, retail and transportation. The FPT investment is expected to help Base.vn reach a clientele of 800,000 users in the future. The companies did not reveal the timeline for that target.
Ho Chi Minh City desires to become an international financial centre
Sunday, 2021-05-02 10:39:04
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NDO – Ho Chi Minh (HCM) City has set the target of becoming a smart and modern service-industrial city and maintaining its position as an economic locomotive and a growth driver of the southern key economic region and the whole country by 2025. By 2030, the city is expected to become an economic, financial, trade, science-technology and cultural centre of the Southeast Asian region.
The 11th Congress of the HCM City Party Committee (2020-2025 tenure) has designed 26 development targets for the term across five areas, including the GRDP growing 8% on average annually, the digital economy contributing 25% to the GRDP by 2025 and 40% by 2030, the social labour productivity expanding 7% on average annually, and at least 95% of the people being satisfied with the service of state administrative agencies in each field.
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